Financial tool (OpT financial model) – May 10,2023 – 1day
- Be familiar with the various financial instruments that can be used to support the strengthening and development of the service, to cover both operating costs and investments
- Understand the financial policies of donors and their modes of intervention
- Presentation of the financing needs of water and wastewater utilities
- Financial equilibrium of water and sanitation utilities based on the 3Ts (tariffs, taxes and transfers) and strategic financial planning
- Alternative financing sources: tariff revenues, public subsidies and international transfers
- Innovative financing tools that can be used to mobilize private financial resources
- Examples of innovative financing, including microfinance, sub-sovereign and small operator financing (micro-finance), guarantees, bond issues, rating instruments, etc.
- Presentation of alternative results-based aid schemes for water and sanitation (JPF- MM)
- Financing tools used by donors to support water and sanitation services
- Business model for sanitation including on-site sanitation
Know-how to access funding for the service to better meet current and future needs.
Water-price Scale – May 11,2023 – 1 day
- Understand the cost of a water or wastewater service through infrastructure depreciation, maintenance and user management
- Learn how to forecast the costs of a new project by identifying the savings to be made and the new charges to be financed
- Know the different pricing methods, their advantages and limitations
- Understand the relationship between balance sheet accounting and cash flow in a water or wastewater utility
- Know the different financial instruments that can be used to support the strengthening and development of the utility, to cover both operating costs and investments
- Understand the financial policies of donors and their methods of intervention
Finance management – May 12 and 15,2023 – 2 days
- Basic financial tools: Income statement, interim management balance sheet, balance sheet, working capital and working capital requirement, key ratios, leverage effect
- Financial flows within the company
- The financial diagnosis of the company
- The tools of the financial analysis of the project: NPV, IRR and “pay back”
Stéphane KLUTSCH has worked with audit, accounting and tax consulting for the past 25 years, supervising work for clients in various sectors, such as energy and utilities, oil and gas, IT, banking, telecommunications and manufacture. He joined the accounting and audit firm Deloitte in 1997 as country managing partner, first in charge of Gabon and then Equatorial Guinea and Congo. He’s previous experiences have been for BNP PARIBAS in Gabon as a credit man, for the accounting and audit firm ERNST & YOUNG as an auditor and for a medical device manufacturer in France as a chief financial officer. He is currently the managing partner of Audit & Business Advisory (ABA). His key relevant experience includes financial and statutory audit, operational audit (analysis and process improvement, internal control assessment…), accounting, taxation advice, company valuations, due diligence projects, assistance to the implementation of administrative and accounting procedures, training, recruitment, coordination and coaching. He is a chartered accountant (France) graduated from ESLSCA Business School (major in Corporate Finance)
Marine FAVRE‘s career has been guided by her continuous interest in supporting the design, implementation and evaluation of public policies in the water sector because she is passionate about the issues surrounding this hybrid good. She has contributed to work internationally and in France, within public and private institutions, as a consultant for a consulting firm, as a researcher, and now as a project manager in the French central administration.
Marc MULLER, partner of Nodalis Conseil, is an engineer from the École Polytechnique and a graduate of the ENPC School of International Management (MBA program of the École Nationale des Ponts et Chaussées). He specializes in the financial and institutional aspects of international development projects, particularly in the field of water and sanitation, electricity and transport infrastructures, as well as in regulatory issues. He is more particularly in charge of financial studies, including the development of technical-financial feasibility models, business plans and regulations, in the framework of several missions related to Public Private Partnerships (PPP), monitoring of public companies, large national or regional infrastructures, urban transport projects or OBA (Output-Based Aid) financing schemes. He has also specialized in the institutional aspects of public services, in particular in the participation of the private sector in the management of public companies (leasing/concession) or the development of infrastructures (concession/BOT), whether at the preparation, implementation or regulation stages (monitoring/control, audit, mediation/renegotiation…).